3. Consider a pdf f so that a random variable X~ f has expected value E[X] = 3 and variance V[X] = 10. Now consider n = 10 i.i.d. random variables X1, X2,..., X10 drawn from f. Let X = 10 (a) What is E[X]? (b) What is VIX]? (c) What is the standard deviation of X? 10 ₁=1 Xi.

A First Course in Probability (10th Edition)
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Chapter1: Combinatorial Analysis
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3. Consider a pdf f so that a random variable X~ f has expected value
E[X] = 3 and variance V[X] = 10. Now consider n = 10 i.i.d. random
variables X1, X2,..., X10 drawn from f. Let X =
10
(a) What is E[X]?
(b) What is VIX]?
(c) What is the standard deviation of X?
(d) Which is larger PX > 4] or P[X > 4]?
10
₁=1 Xi.
Transcribed Image Text:3. Consider a pdf f so that a random variable X~ f has expected value E[X] = 3 and variance V[X] = 10. Now consider n = 10 i.i.d. random variables X1, X2,..., X10 drawn from f. Let X = 10 (a) What is E[X]? (b) What is VIX]? (c) What is the standard deviation of X? (d) Which is larger PX > 4] or P[X > 4]? 10 ₁=1 Xi.
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